Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
What Causes Supply Chain Disruptions?
Supply chain disruptions can occur at any place and time, creating uncertainty for businesses and consumers alike.
July 21, 2024Stellantis Forks Out $190 Million in US Fuel Economy Fines
Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.
Truck Maker Hyzon Raises Funds for Working Capital
Hyzon Motors is set to bolster its working capital through an equity sale, the latest move in the hydrogen fuel cell-powered truck maker’s ongoing restructuring, it said July 19.
Clean Fuels Alliance America to Sue EPA
Clean Fuels Alliance America told the EPA that it will sue over the agency’s delay in establishing 2026 biofuel volumes in its Renewable Fuel Standard program.
Minnesota Lawmakers Take Steps to Expand CDL Testing
New and current Minnesota truck drivers will have an easier time obtaining and renewing CDLs now that a state law that constrained third-party CDL testing opportunities has been eliminated.
60 Seconds: Federal Regulators Hear Complaints About Predatory Towing
Truckers say they are victims of overly excessive fees. Towers claim they often go unpaid.
July 19, 2024Mercedes-Benz to Install EV Chargers at 100 Starbucks
Starbucks and Mercedes-Benz announced a partnership July 17 to install high-power electric vehicle chargers at 100 Starbucks stores across the U.S.
FedEx, UPS Warn of Delivery Delays From Global Tech Outage
FedEx and UPS warned of potential delays in package deliveries as the couriers grapple with the impact of a massive IT failure that is upending markets and crippling companies globally.
Stellantis Reports Battery Fire Risk for Hybrid Minivans
AUBURN HILLS, Mich. — Stellantis is telling the owners of more than 24,000 plug-in hybrid minivans to park them outdoors, and to stop charging them due to the possibility of battery fires.
July 19, 2024Class 8 Sales Continue Trending Below Year-Ago Period
U.S. Class 8 retail sales in June experienced their 11th consecutive month of year-over-year declines, according to data from Wards Intelligence.